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will both be campaigning in virginia this morning, the obama campaign took a hit with his debate performance this weeks this will give him something to crow about today. the romney campaign, mitt romney issued a statement saying this is not what a real recovery looks like. he goes on the say, the real unemployment rate is closer to 11% if you count the people who stopped looking for work. there is also a lot of speculation on line on social media this morning, that the obama administration could be fudging the numbers. we took that question right to the secretary of labor this morning. she tells us it's ludicrous to say the numbers could be manipulated. >>> secret service has new policies in place after one of the most embarrassing scandals in the history. it would ban excessive drinking and the share of work related information on sites including facebook. this comes five months after more than a dozen employees of the secret service were accused of drunken partying with prostitutes. >>> american activists are planning to stage a protest against u.s. drone strikes, member of the antiwar gr
university for what is called a grassroots event this morning. the obama campaign describes the visit as the president's plan to move america forward. the rally will be held at the center for the arts concert hall. doors open to the public and the president is expected to speak just before 11:00 a.m. >>> republican nominee mitt romney is also in virginia again this morning. he is go to be at a campaign event in washington county on the north carolina border. yesterday, romney campaigned with country music legend trace adkins outside charlottesville. both candidates meet again in a up to hall debate in a week and a half. a half. . >>> making headlines closer to home, four people are hurt in a fire in northwest d.c. one person had to jump from the window of an apartment building in the unit block of k street. they are in serious condition. a firefighter who was injured is expected to be okay. >>> a popular shortcut to the fort totten metro station has become the site of several dangerous muggings. police say the most reent robberies occurred in broad daylight where victims were robbed o
city which was full of quests on holiday. >>> in election news this morning, president obama and mitt romney continue to target swing states today as the latest unemployment figures are set to be released in about an hour. president obama will visit virginia, then ohio. democrats are regrouping following wednesday's disappointing debate. president obama accused republican challenger of mitt romney of being dishonest. >>> mitt romney will also be campaigning in virginia today. he's holding a coal country rally just days after accusing the obama administration of crushing the coal industry. meantime romney is clarifying his controversial 47% comments. now he says he was completely wrong when he said half of americans are victims independent on the government. now both mitt romney and president obama will be keeping a close eye on the jobless report which is due to be released in about an hour from now. 115,000 jobs were added. they say that will increase the unemployment rate to 8.2%. now that some discouraging job seekers are returning to look for jobs. >>> the film that di pickets the
us from "the washington post," this morning. caller: thank you for having me. host: the obama administration, previewing the mitt romney speech today, this article from yesterday afternoon talks a little bit about this. a campaign spokeswoman talking to reporters on air force one yesterday. host: the obama administration already getting ready for this big speech this morning. let's get more from you on the republican line. thank you for calling in. caller: i would like mitt romney to talk about the fact that obama.com is owned by a communist in singapore and is one of 400 web sites where obama is collecting worldwide from russia, china, and i can name a bunch of other countries. host: in a major foreign-policy speech, that is what you want him to talk about? caller: yes. i hope that he stops with obama is doing. host: thanks for calling in this morning. jimmy, democratic line. what do you think mitt romney needs to talk about in his address this morning? caller: let me get to your actual question. investing money overseas would be a whole can of worms. i would like him to expl
. aaron mcpike for real clear politics, good morning. >> good morning. >> how do you translate that performance which is lauded as beating barack obama, the incumbent. how do you translate it into votes? >> he has to keep reminding voters of that debate performance. part of that is doing it on the stump when campaigning in swing states. the other bing thing is using footage of the debate in tv ads. also, reminding of some of the things that president obama said. right now the $5 trillion tax cut both of them argued over is in a new ad the romney campaign put out this morning because the romney campaign feels they need to clear up what president obama is saying about it, which is that it's not true. >> how forgiving is the american voter if president obama had what he would claim is just a bad night? >> it's hard to say. what will have to happen is president obama will have to have a much better debate in new york, about a week and a half away. i've talked to a lot of democrats and big obama fans who are miserable about the president's debate performance because they think he di
they're angry this time. >>> president obama returns to the bay area >>> good morning, welcome to "mornings on 2." i'm cane when. dave -- i'm ken wayne. dave clark this off this morning. >> i'm tori campbell. >>> protest, i take out their frustrations on businesses, banks -- protesters take out their frustrations on businesses and banks. tara moriarty is live with more. good morning, tara. >> reporter: good morning. a lot of damage but no arrests. the protest you, the rampage they went on -- the protest, the rampage they went on lass -- lasted for about 30 minutes. but the damage still lingers. you can see the two huge holes in the window where somebody smashed a vodka bottle in them. last night, demonstrators started to throw paint balls. the group of about 200 people gathered at frank ogawa earlier in the morning to coincide with the 11th anniversary of the war in afghanistan. the group went on a march. two luxury cars that we know of were at least vandalized and their owners say that protesters are taking their frustrations out on the wrong people. >> i don't know why they
>>> good morning, everyone. welcome to news 4 midday. i can't believe i just lost my voice. >> time to catch our breath. we have an exciting show on tap. it's thursday, october 4, 2012. president obama and mitt romney are back on the campaign trail. both campaigns are declaring victory in the first presidential debate. melissa mollet joins us with some of the highlights. >> reporter: good morning. in an hour, president obama will speak at a park in denver, then fly fo wisconsin this afternoon. meantime, romney is headed to virginia for a ral lee tonight. they might be moving on, but many are rehashing last night's debate. the debate was make or break for mitt romney who appeared confident, commanding and in control. at times, it seemed a subdued president obama was less prepared allowing romney to steer the direction of the debate. many, including "meet the press" host, david gregory calling romney the clear winner. >> his proposal calls for a tax cut on top of $2 trillion of spending. >> everything he said about my tax plan is inaccurate. if the tax plan he described were a tax pla
trial. >>> good morning. i'm chris jansing. the final push is on. both candidates cramming for the first debate and what could be mitt romney's best chance to change the trajectory of the race. president obama is holed up in vegas for two days preparing. mitt romney will be in colorado tonight. the latest poll shows president obama and mitt romney locked in a tight race nationally. but where it counts, those battle ground states, the president still leads. and here's another interesting poll. most people think the president will win the first debate which may be why he's trying to lower expectations. >> i know folks in the media are speculating already on who's going to have the the zingers. governor romney is good. i'm just okay. >> and paul ryan played his own version. >> president obama is a gifted speaker. he's been on the national stage for many years. he's done these kinds of debates before. this is mitt's first time on this kind of a stage. >> but if all candidates are trying to lower expectations, maybe chris christie missed that memo. >> governor romney's going to lay out his vi
presidential nominee mitt romney will give a foreign speech today criticizing president obama as a weak leader on the stage. jacqueline fells is in our washington, d.c. newsroom. >> reporter: pam, mitt romney's campaign is offering fresh details this morning on how would represent the u.s. on the world stage if elected. president barack obama's team is firing back on the defense. mitt romney will criticize's the president's handling on the libyan attacks. one say his speech will be a stark contrast between foreign policy and failed record of the president. romney headed overseas this summer. the obama camp quickly seized on misstep from those trips. mitt romney will try to hold on to momentum he recently picked up. a new post debate gallop poll shows the race is tied. coming up a new ad begins playing today just as mitt romney takes the stage in virginia. in washington, jacqueline fell ktvu channel 2 news. >>> the u.s. forest service ran out of money this year to fight fires during the worst wild fire season on record. at the end of august the money to pay for the firefighters, fire trucks and
president obama speaks this morning, trying to counter the widespread perception that he lost last night's debate. his in-rate contract down 7%, but do stocks have to start pricing in a romney rebound? >> the ecb standing pat on rates as expected as the pressure on spain to file for a bailout eases with borrowing costs a little lower this morning. markets looking ahead to tomorrow's jobs number and the start of earnings season next week. >> it's back. facebook hits the billion user milestone. 1 billion monthly active users as of september 14th. this as its ceo does the rounds, appearing on the cover of "businessweek" and giving nbc an exclusive interview. we've got some of that exclusive later on in the show. >>> and how bad can things get at hp? meg whitman knocks down guidance, sending shares down to nine-year lows. we'll talk to her directly in just a moment. >>> the first presidential debate is now in the books. mitt romney went on the offensive, pushing his pro-growth agenda while taking president obama to task on his jobs and economic record. president arguing romney's plan on taxe
meetings about al-qaeda threat in north africa. according to the "washington post" this morning the obama administration has met several times in the last few months to talk about the terror group and whether the u.s. should launch strikes. the group has become more dangerous since gaining control of large pockets of territory in mali and getting its hands on weapons from post-revolution libya. remember folks were concerned about that. the discussions began before the u.s. consulate attack in benghazi apparently that left four americans dead. >> brian: we were reporting on that earlier than this. >> gretchen: amtrak train derails after colliding with a tractor-trailer, leaving at least 20 passengers injured. the train headed from oakland to bakersfield, california, when the truck blew through the crashing gate, hitting the train. three cars were knocked over and passenger, including a newborn baby, tossed around like rag dolls. >> it was the hardest thing. the seat in front of us was ripped out and fell on top of him. so i had to lift the seat up and dig under the debris and i found him i
us the current news update. >> hey jamaal welcome back to the show. good morning, everyone. the candidates are hitting the trail strong this week. both mitt romney and president obama will start the day off in virginia. the president then heads to oakland, ohio where early voting is already underway. and romney hosts a rally in st. petersburg, florida this evening. romney's challenge now is to prove that was the real mitt romney we saw at the debates. the confident asserttive romney we saw during the debate is not the romney we have grown used to over the last couple of months. romney has since stood by his 47% statement but now he is rolling it back. here is what he said yesterday. >> it's completely wrong. and i absolutely believe, however, that my life has shown they care about 100%. >> you might think that this new romney is nothing but an act. if you do, you are not alone. here is what the president had to say to a crowd of 30,000 people yesterday in madison, wisconsin. >> i met this very spirited fellow who claims to be mitt romney. but i know it co
days after a disappointing debate with mitt romney, president obama looked on the bright side of a merely modest jobs report for september. >> this morning, we found out that the unemployment rate has fallen to its lowest level since i took office. >> in his 15th stop in virginia this year and later his 14th trip to battle ground ohio, mr. obama painted a picture of an economy that may not be growing as fast as we like, but is at least going in the right direction. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy, just to try to score a few political points. >> but with the labor survey showing just 114,000 jobs created last month the reduced unemployment rate came from different survey showed a huge jump of people working part-time or from their homes. some called it an anomaly and former ceo jack welch says these chicago guys will do anything, can't debate so change numbers. >> and who is participating, who's not working and who's tried to work, but dropped out. all of these things. it just raises
: being a patriot means paying more. here with is a donor to obama campaign good morning to both of you. let me get your reaction. you are vocal about the so-called class warfare rhetoric. you support and fund raised for. did you hear more in the economic patriotism line >> no, the president toned down the rhetoric in terps of the divisiveness on taxes. i thought governor romney did a good job explaining the impact of what the tax on the top three percent of taxpayers who are generally maul business owners and employ 25 percent of the nation's employees. i thought that the president focused more on the difference between the two approaches in terms of how they would close the gap on spending. and the president wants to protect policies and programs and i think that that was a big difference between the two of them. >> gretchen: heather economic patriotism to me. does it mean if you don't agree with the president you are not a patriot and is that another way of talking about class warfare. >> coercion is not patriotism and tax rates are not about patriotism. there is differences in what
and the 90% humidity for a while. this morning, president obama was on the move, leaving for los angeles, where he has a big hollywood fund-raiser later on today. that off the back of record for campaign 2012 fund-raising month of september, took in $181 million. he continues to hit governor romney for not telling the truth during the debate. ask the obama campaign trying to explain the president's performance on wednesday night. here's robert gibbs from meet the press. >> it is not rocket science to believe that the president was the disappointed in the expectations he has for himself. >> i think you are going to see a very engaged president that is ready and willing to call out whichever mitt romney shows up. >> reporter: at the same time, the romney campaign is wonder which president obama is going to show up? one said they fully expect the tough, chicago obama to be at the next debate. on the campaign trail, laying out some themes for the next one on one. >> every year, the median income in america's gone down, it's down $4300 a family and the average income of a family around $50,00
york times" story this morning which says, barak obama doesn't really like debating and he really didn't want to debate mitt romney who he views with disdain. this is an interesting thing because if he viewed romney with disdain, why wouldn't he want to debate him? obviously he could swat him like a fly. and at the views him with disdain, that's a very bad attitude to go into against somebody who before the debates, was maybe three points down from you. now today, gallup says the race is tied. the battle ground poll says that among very likely voters, romney is ahead 52-46. that's 85% of those polled in that poll was before the debate, before the debate. so we don't actually know what the results are of the debate fully. >> steve: more bounce to come. john, always a pleasure. >> thank you. >> steve: good writer. straight ahead, a major medical breakthrough. new plan to help stop cancer in its tracks and it's already working. we're going to tell you and talk to the doctor who is behind it after the break. >> pete: first let's check in with our pal, bill hemmer. what's going on at the to
morning. what can president obama or governor romney due to work with the next congress? do think this will lead to a greater assertion of executive authority in the next term? guest: thank you, john. i did not know i would be facing the toughest questioners. students and journalism students. let me take your question. congressional approval is at an all-time low. it is up there with paris hilton and the communist party of russia. i think we need to step back and understand many people in this country see the political system as broken. others -- elizabeth warren -- have spoken house some money have seen the system rigged against them. -- so many americans see the system rigged against them. there is a few that those who dislike government for the past 40 years have a stake in diminishing the reputation of government, of congress. i would argue that we have seen a movement in these last 40 years to debase role of government. callback and read the book on lyndon johnson. the use or abuse of the filibuster has been used or abuse in the last 10 days or three years more than once in t
thought they had prepared the president for. there's a certain amount of monday morning finger pointing going on inside the obama camp, and interestingly, that's something you didn't see at all in -- >> it's not a good sign. >> everything was so smooth in 2008. now you have a situation where there's a little bit of finger pointing going on. it will be greatly alleviated if joe biden can turn in a good performance on thursday. >> let's take a look at this, mr. mayor. go ahead, did you want to say something? >> go ahead. >> you can't refight the last fight. last wednesday was last wednesday. we can't debate the debate. let's move on. we have one this week. we have 30 days to go. you know, every day is not a spectacular day for any one of us in these professions that we have. president obama is the same president he was last tuesday, last wednesday, last thursday. moving this country forward, getting people back to work, focused on issues both domestically as well as our international partners around the world. i mean, the speech today by mitt romney about foreign policy was a joke. it has
obama's reelection campaign. good morning to you. >> good morning, savannah, how are you doing? >> we all know the president is a fiercely competitive man, was he satisfied with that performance? >> well, i think one aspect of the president he's never satisfied, he's always challenging himself, i think. but you know, savannah i was with you last week and i joked that mitt romney put more preparation into it than they did into the invasion in normandy and you saw last night. i expected a strong performance, got a strong performance, but that's what it was, a performance. the underlying facts remain the underlying facts. he denied what has been the centerpiece of his campaign, a $5 trillion tax cut. he again refused to offer any way to pay for it, and the bottom line is what the analysts have said. this means either he's going to explode the deficit or he's going to stick it to the middle class with a $2,000 tax increase. and if that happens, how's that going to move our economy forward or build the middle class? so the fundamental distinctions on this and many other issues remain what
in four years. a lot of questions remain on those numbers. good morn ebb everybody, i'm bill hemmer. martha: good morning everybody, i'm martha maccallum. last time we saw rate this low, that would be january 2009, when president obama took office. the labor department says of these numbers, employers added only 114,000 jobs over the course of that month. so that raises a let of questions about this headline number. many jobs added are part-time jobs. bill: stuart varney, anchor of "varney & company" in the fox business network. you read what? >> there is widespread mistrust of this report and these numbers. there are clear contradictions. 873,000 people said they had found work but only 114 thou knew jobs were created that is contradiction. if you delve a little deeper, seems a lot of these people who found work, that would be, that is the 873,000, if you look deeply, it turns out 600,000 of those 873,000 people were part-time workers. so they came back into the labor force and they pushed unemployment rate down to 7.8% but there is a contradiction here, between the number of new j
report that came out 45 minutes ago. good morning, alison. >> reporter: big, big surprise this morning and this could be the boost the obama campaign is look for this week. let's take a closer look at the numbers. the labor department september jobs report shows the economy added 114,000 jobs last month. the unemployment rate dropped significantly to 7.8% from 8.1% in august. 245 is a sur -- that is a surprise because economists were expecting it to tick up. president obama and mitt romney will be campaigning in virginia today. this will give him something to crow about today. it's the first time unemployment has been below 8% since he took office. the romney campaign will likely say it's not enough. some republicans are tweeting this morning the administration must be fudging the number. we are reaching out to both campaigns for reaction this morning. reporting live from washington, d.c. alison burns. >>> time now 6:15. the u.s. secret service has new policies in place now after the most embarrassing scandal in the secret service history. the new policy would ban excessive drinking an
reviews. a lot of people not mitt romney looked aggressive, energetic and obama looked muted and meandering, it was an off night for president obama and a knockout for mitt romney and yet obama supporters are here by the thousand this morning. he is speaking to them and they look energized, so colorado a very big state, obama seems to be pulling ahead. it is a swing state and he is in california and san francisco on monday fund-raising. >> that's right. this was focused on domestic issues and they got bogged down on issues, there were key issues not mentioned like immigration, woman's issues gay marriage. why do you think that was? >> you are right. i think that was very striking. not even mentioned was the 47% comment, mitt romney's controversial comment. i think the moderator tried to keep them in control but wasn't successful at times. you had attacks and counter attacks going on. it was a civil debate but didn't cover ground. there are two more left, both of them town hall type formats and we will see more of those issues discussed in the next two. >> what are their advis
under president obama. but first this morning's headlines. >>> you wanted music but you didn't pick this? >> no but it didn't bother me until you started mocking it. >> she want us just to talk, no music. >> let's get to spain and its finance minister. sparking laughter from an audience in london today, why he told a group of academics that his country doesn't need a bailout at all. that's interesting. the minister is arguing that madrid's reform program right now is already sufficient to stave off a full sovereign bailout and the ecb's bond buying program would suffice. to help spain recover. that's apparently how it started, with -- you can imagine -- that's bad for confidence of the minister of spain where he's telling an audience, we don't need a bailout and then you hear a whole auditorium laughing. morgan stanley is warning that more pay cuts are coming. in an interview with the ftc, james gore man said more job cuts and smaller bonuses are planned next year as the bank attempts to boost shareholder returns. i'm handing this back to you. you deal with it. this is your idea. >> this
: well, good morning, savannah. look, this may have been the most substantive debate in the television era. and mitt romney dealt with it as if his campaign depended on it while a subdued president obama let romney dictate the terms of the debate. not exactly the gift the president was looking for on his 20th wedding anniversary. >> and so i just want to wish, sweetie, you happy anniversary and let you know that a year from now we will not be celebrating it in front of 40 million people. >> reporter: from the very beginning, mitt romney displayed a confident and commanding presence on stage, almost one-upping the president from the start. >> congratulations to you, mr. president, on your anniversary. i'm sure this was the most romantic place you can imagine here with me. >> that set the tone as romney seemed to control the tempo, sometimes even serving as the moderator. >> let's get back to medicare. >> reporter: and it didn't take long for the deep philosophical disagreements to come through. first on taxes. >> now, governor romney's proposal that he's been promoting for 18 months cal
in the government -- >> let's -- see, it's not your attitude about obama people care about, it's your analysis, and you came out this morning and asserted not a question mark or a question or concern about a coincidence. you say these chicago guys will do anything so they change the numbers. do you want to take that back? >> no, i don't want to take anything back. >> this is serious, there was jimmying with the numbers, corruption, infiltration or getting to -- it's not funny, jack. you're talking about the president of the united states playing with the bureau of labor statistics number. this is nixon stuff. this is what nixon did back in the old days. >> chris, don't lose it now. >> i'm not losing it. look at my face. i'm not losing it. >> i can't see your face. >> do you want to take back the charge -- >> no, i don't want to take back one word in that tweet. >> so you assert as of now, 5:00 this afternoon, these chicago guys will do anything, they can't debate so they change numbers. >> i didn't say what they did. i said they'd do anything. >> and what did they do here? >> they've been call
a little bit of movement in the sterling trade this morning after some of those softer services numbers coming out. some of the euro numbers haven't been that great. the australian dollar still heading backwards after the rba. practice time is over. tonight, president obama and mitt romney get to do it for real. the men will meet face to face in the first of three presidential debates in denver, colorado, at 9:00 p.m. eastern, so set your clocks. the latest nbc "wall street journal" poll shows the president still holds a narrow 49-46% lead over romney. some 40% of voters say the country is moving in the right direction, versus 53% saying it's on the wrong track. nearly 60% believe the u.s. economy is recovering. so you can tune in to cnbc's debate coverage tonight starting at 8:00 p.m. eastern as we get you set up for the debate. >>> several top chinese banks have pulled a plug on a planned trip to tokyo. they were supposed to attend the imf's annual meetings next week. a small chinese company is up in arms with barack obama. rails corp is suing. the farms are located in oregon, in rest
's get a look at some headlines this morning. there are concerns today that the obama administration may be looking to move some of the gitmo detainees to american soil. the federal government plans to buy the thompson correctional center in illinois. at one point this prison was considered for housing gitmo detainees and there was a huge controversy based around that. many lawmakers outraged saying it would open the door for ultimately carrying out a gitmo transfer. house speaker john boehner said this, the unilateral decision to purchase the thompson prison, even though congress repeatedly opposed the obama administration's effort to use the taxpayer funds to do so, underscores the administration's desire to move forward and bring these detainees to u.s. soil. the obama administration for its part says it has no plans whatsoever to move the detainees to illinois. >>> air force 2 had quite a ride yesterday. it aborted landings twice. bad weather was to blame. the vice president, joe biden's pair of bumpy ride, thunderstorms forced the pilot to circle the airport the first round, made hi
near a u.s. base and they are protesting the deployment of the aircraft. they landed this morning and many of the people in that area opposed the use earlier this year. >>> the obama campaign says don't expect any zingers from the debate. he talked about the upcoming showdown during a rally yesterday. >> what i am most concerned about is having a serious discussing about what we need to do to keep the country growing and restore security for hard working americans. john mccain has debated for mitt romney and he is not expecting any major break throughs this moment. >> i can't remember whether it was the last time it was one of these comments that grabbed everybody's attention. he turned the race upside down and the debate will be campaigning in colorado today. >> well one week from today, he returns to raise some campaign cash. he will be hosting a dinner in san francisco and that dinner will be followed by a concert. they go up to $7,500 for premium seats and a chance to take a picture with the president. musical guests have not been announced. >>> there are several new laws here
problem going in is he said i don't think president obama can work with congress or that romney has a plan. we talked this morning and george is leaning toward governor romney. he was impressed last night but he is still undecided. >> harry smith with the wild and woolly chase for the undecided out there. looked like you had a good time at their house. >> i would happy to go back. >> we should revisit after the election. >>> we have more coming up including the simple question what is the deal with gluten all of a sudden? we'll look at why now. >>> but next, he's worth billions, wears the same t-shirt every day and has his hands full in the big boy role of ceo. tonight matt lauer talks to mark zuckerberg. >> do you think the employees are comfortable to walk right up to you and say, excuse me -- what do they calm you, mark? >> mark. >> are they comfortable to come up and ask you questions? >> no one calls me mr. zuckerberg. [ male announcer ] whether it's kevin's smartphone... mom's smartphone... dad's tablet... or lauren's smartphone... at&t has a plan built to help make families' lives e
, chris. >> good morning, guys. when president obama and mitt romney go head to head inside the arena two days from now, it could be the moment that defines this election. this event is so big, it will shut down six miles of i-25 for six hours right in the middle of rush hour, likely causing denver's version of karma gedden. look here. you can see preparations are ongoing inside. basically this arena, which has 7,000 seats, will be transformed into a giant television set with some 200 people in the crowd. that being said, this debate is not open to the public. it's invitation only. only a handful of tickets were given to the university and each campaign. in a few hours, students will have a chance at tickets through lottery. of course, with 11,000 students, chances are slim. this is the first time colorado and the university of denver will host a presidential debate. school officials tell thus is a single most important event they've ever had here. if you go on craigslist, you'll find people offering hundreds of dollars for a seat inside. but officials say that's not going to happen. secu
will honor temporary work permits, allow them to stay in the united states because of president barack obama's recent executive order. reporting live from washington d.c., allison burns, ktvu channel 2 morning news. >> don't forget, we will bring you the coverage live and the debate will be followed by a special addition of our ktvu news. >>> and they are warning about identity theft after several male thefts were reported in novato. 2 dozen mailboxes were reported on school road and crest road. the mail stolen included personal checks, credit cards and other items containing financial information. if you have any information about these thefts, get in contact with the police. >>> in berkeley, get in contact with the city lie -- sit-lie ordinance where people would be banned during certain hours. some say it's good for business but some protesters say the law targets homeless. >>> nurses walked off the job just a few minutes ago in a strike that is scheduled to last more than 24 hours. hundreds of replacement nurses have been hired and hospitals will stay open, however they will be closed in
the latest from the trail. >> reporter: for president obama it was a much needed shot in the arm. >> this morning we found out that the unemployment rate has fallen to its lowest level since i took office. [ cheering and applause ] >> speaking at george mason university in fairfax the president held up the new 7.8% unemployment rate as proof that his policies are working. >> but today's news certainly is not an excuse to try to talk down the economy to score a few political points. nts. it's a reminder that this country has come too far to turn back now. >> reporter: >> but across the state in abington, virginia, mitt romney cast doubt on those numbers. >> the truth is if the same share of people were participating in the workforce today as on the day the president was elected, or unemployment rate would be around 11%. that's the real reality of what's happening out there. >> the president's fairfax speechad been aimed at his record on women's issues, a group i says has been helped by his healthcare -- he says has been helped by his healthcare reform law. >> i don't think working
president obama's address speaking this morning in fairfax, virginia. we expect him to mention the jobs number today. the unemployment rate falling to 7.8%. first time below 8% in about four years. when that starts we'll bring it to you. in the meantime -- here's what you missed earlier on this morning. >> welcome to hour three of "squawk on the street". here's what's happening so far. >> the thing is that you got to play this in the short term. equity market looks great. risk on is every where. go out the beta curve. trade. >> so do it. >> you can create excuses for these guys if you want to, but the fact of the matter is every single jobs bill the republicans in congress have voted against. >> september nonfarm payrolls increased by 114,000 jobs. 7.8% is the new unemployment rate. >> the report is good. hours worked up. pay up. july up. i'm not political. trying to make money here. >> when you play -- >> past tens? >> then we just -- i have like seven people who might draw something from three months ago. it was bad. it was a fad zynga might be a fad. >> unbelievable jobs numbers, the
, people wait iing r this one. this morning we found out the unemployment rate in september falling below 8% for the first time in nearly four years. that's good news for job seekers but also for president obama trying to maintain his lead in the polls and recover from a weak debate against mitt romney. danielle lee has what the numbers mean. >> reporter: the unemployment rate delivered president obama a preelection gift. the number of people without jobs fell to 7.8%, marking the first time it's been below 8% during obama's presidency. >> there's still that willingness for all of us to see that more people are put back to work, but in this particular report, i'm happy to see we see a continued growth. >> reporter: employers added 114,000 jobs in september and 86,000 jobs that hadn't been accounted for in july and august. the numbers shocked analysts who predicted the rate would stay around 8% and possibly grow. >> this is a big report. >> reporter: presint obama called the september report proof the economy is improving under his policies. >> we made too much progress to return to the poli
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